Motor insurance fraud roundtable: Data and diligence, how can insurers combat any increase in criminal activity?
This article was paid for by a contributing third party.
Insurance Post, in association with LexisNexis Risk Solutions, recently gathered experts together to discuss how issues such as ghost broking, the current limitations of benchmarking and fraud detection are pertinent to rooting out motor insurance fraud.
Figures from the Association of British Insurers show a year-on-year increase in detected fraud despite there being fewer vehicles on the road during the pandemic. The WTW Price Index recently noted
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